News
Transatlantic Holdings shows little improvement
Transatlantic Holdings has posted first quarter net income for 2001of $48.5m (£33.4m), compared to $4...
BIBA appoints Garol to vet broking systems
The British Insurance Brokers' Association has appointed technology consultants Garol to develop an i...
Hiscox profits jump — on balance
Hiscox, which recently rebuffed a bid offer from US giant Chubb, has recorded a rise in pre tax profits to £3.5m compared to only £112 000 in 1999, claiming that gross written premiums of £384.7m helped offset market volatility in it's Lloyd's operations.
Brit jumps into the black
Brit Insurance Holdings, the parent of Brit Insurance, has reported pre-tax profits of £1.5m for 2000...
Halifax and BoS locked in talks
Halifax and Bank of Scotland have confirmed they are in talks regarding a potential £26bn merger of e...
Scottish Annuity to relocate to Bermuda
Cayman's largest reinsurer, Scottish Annuity & Life Holdings Ltd, which is listed on Nasdaq, is movin...
Ward Evans revision
The Ward Evans Group has announced a revised image which marks a change of emphasis from its role as ...
Fortis ups anchors on yacht business
Fortis is to withdraw from the yacht and pleasure boat sector and is to cease underwriting the busine...
Benfield gets backing for takeover
Benfield Greig Group, the UK based independent reinsurance intermediary, has received the backing of ...
RenaissanceRe sees hardening market
RenaissanceRe Holdings, primarily a property catastrophe reinsurer, has recorded a 21% increase in ne...
Aon to spin off underwriting business
Broking giant Aon plans to spin off its insurance underwriting operations - and to re-enter the prop...
Atrium slips into the red
Lloyd's based insurer Atrium Underwriting's financial results for 2000 were hit by investment losses ...
Fortis calls for Selby claims
Insurer Fortis is to write to the injured parties and relatives of the deceased involved in the Selby...
Pru sales up despite poor US results
Prudential recorded a 29% increase in total insurance sales to £5bn for the first three months of thi...
Tories lambast Labour over genetics duck
Shadow health secretary Liam Fox has accused the government of ducking the issue on the future use by...
Primary to close Horsham office – 20/04/01
The Primary Group is to close its Horsham office, affecting 80 staff. The functions carried out at ...
Ace European Markets opens in London
(Re)insurance group Ace is opening a branch of its Dublin subsidiary, Ace European Markets, in London...
Marsh income up
Broking giant Marsh & McLennan of the US has reported a 9% increase to $369m in its net income for th...
ABI denies rift over genetics
The government has not changed its policy over the use of genetic tests by insurers, despite media re...
Appointment at Fortis Insurance.
Fortis Insurance has appointed Clare Tilly to the newly-created role of affinity schemes manager. Sh...
A Prompt service.
Software provider MCS has completed a joint development with premium financier Prompt. MCS has insta...
Bright resigns as chief executive at Independent
Michael Bright, chairman and chief executive of Independent Insurance has resigned from his post and ...
McGrath takes helm.
Marsh UK's regional director Tom McGrath, pictured, has been appointed as the new chairman of the No...
CIM in Glagow move.
US-based Davox Corporation, provider of customer inter-action management (CIM) solutions, this week ...